| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $158M | — | $120M | — | 31.5% |
| Op. Income | -$42M | — | -$75M | — | 44.6% |
| Gross Margin | 76.8% | — | 70.9% | — | 5.9pp |
| Net Margin | -27.3% | — | -60.8% | — | 33.5pp |
| EPS (Diluted) | $-0.43 | — | $-0.93 | — | 53.8% |
| Free Cash Flow | -$28M | — | -$71M | — | 61.1% |
| Item | Amount |
|---|---|
| REVENUE | $158M |
| Cost of Revenue | $37M |
| GROSS PROFIT | $121M |
| R&D Expenses | $0 |
| Selling & Marketing | $94M |
| General & Administrative | $49M |
| SG&A Expenses | $143M |
| Other Expenses | $20M |
| Operating Expenses | $131M |
| Cost & Expenses | $199M |
| OPERATING INCOME | -$42M |
| Interest Income | $806.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | -$44M |
| Income Tax Expense | $86.0K |
| Net Income from Continuing Ops | -$44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$125.0K |
| NET INCOME | -$43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$43M |
| D&A | $8M |
| EBIT | -$44M |
| EBITDA | -$33M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$43M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | -$23M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$295.0K |
| NET CASH FROM FINANCING | -$295.0K |
| FREE CASH FLOW | -$28M |
| Net Change in Cash | -$39M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $188M |
| Short-Term Investments | $202M |
| Net Receivables | $56M |
| Inventory | $596.0K |
| Other Current Assets | $89M |
| TOTAL CURRENT ASSETS | $541M |
| PP&E (Net) | $14M |
| Goodwill | $995M |
| Intangible Assets | $153M |
| Long-Term Investments | $23M |
| Tax Assets | $30M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $75M |
| Short-Term Debt | $228.0K |
| Deferred Revenue | $59M |
| Other Current Liabilities | $206.0K |
| TOTAL CURRENT LIABILITIES | $200M |
| Long-Term Debt | $424.0K |
| Deferred Revenue NC | $91.0K |
| Deferred Tax Liabilities | $115.0K |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $7M |
| TOTAL LIABILITIES | $207M |
| Common Stock | $52.0K |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | -$516M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $114M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $298.0K |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $652.0K |
| Net Debt | -$187M |
